Sri Lanka’s fuel pricing formula introduced in mid last year at the insistence of the International Monetary Fund (IMF) is set to be abolished or reviewed despite its input in increasing the Ceylon ...

The Government has no funds to keep propping up the Ceylon Petroleum Corporation (CPC), though it has chosen to keep selling fuel at current prices even after a petrol and diesel hike by rival Lanka ...

Fuel distributors have agreed to the new commission formula introduced by the Ceylon Petroleum Corporation (CPC), Cabinet Media Spokesperson Minister Dr. Nalinda Jayatissa announced at the weekly ...

Minister of Power and Energy Kanchana Wijesekera yesterday told the Committee on Parliamentary Business that discussions were being held with Lanka Indian Oil Company (LIOC) and the Ceylon Petroleum ...

Colombo, March 24 (Daily Mirror) - The recent fuel price increase was implemented in line with the pricing formula, said Managing Director of the Ceylon Petroleum Corporation, Mayura Neththikumara.